MUIR, A.J.S.C.
In this action plaintiffs, alleging fraudulent security sales, seek recovery under the civil liabilities section of the New Jersey Uniform Securities Act, N.J.S.A. 49:3-71. Defendants move for summary judgment, contending the claim is barred by the act's two-year statute of limitation. Recognizing the alleged actionable grounds relate to a contract four years old on the filing date of the complaint, plaintiffs assert the act's limitation provision...
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